Company and Personal News
A new soft drink in the Fornetti range: an agreement with the Sparkly brand
Since September, the Sparkly soft drink brand, founded by WhisperTon, has appeared in the range of nearly 200 Fornetti stores, which until now has mainly focused on online sales. Thanks...
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Tupperware filed for bankruptcy
Tupperware, once an essential item in every kitchen, has now filed for bankruptcy and the company is trying to sell itself with court permission to continue operating. The news was...
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Brexit – Study: British trade with the EU fell sharply
The value of bilateral trade between the European Union and Great Britain has fallen sharply since the termination of British EU membership (Brexit), according to a comprehensive study presented on...
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AI is already knocking on the kitchen door
The new generation of Samsung household appliances can redefine the concept of kitchen with the help of AI. This article is available for reading in Trade magazin 2024/8-9 Thanks to...
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EU regulation on artificial intelligence published in July
On 12 July the EU’s AI Act was published, which is the world’s first truly comprehensive, sector-neutral legislation on artificial intelligence technology. This article is available for reading in Trade...
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SME development: the corporate use of artificial intelligence must be encouraged
The government’s priority goal is to improve the competitiveness of domestic SMEs, and for this the corporate use of artificial intelligence (AI) must be encouraged – said the Minister of...
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Rice may become more expensive
The Government of India has considered easing export restrictions on non-basmati rice and other agricultural products to ease the plight of distressed producers and traders. The country’s economy relies heavily...
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Dimensional change in banking: AI-based banks are coming
The next major transformation of the banking sector can be brought about by generative and agentic artificial intelligence (AI) technologies, emphasized Éva Hegedüs, President and CEO of Gránit Bank, at...
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Nébih: Müller recalled ground beef
Müller Drogéria Magyarország Bt. recalled hunting ground beef from the market because it may have deteriorated due to insufficient heat treatment, the National Food Chain Safety Office (Nébih) told MTI...
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Wizz Air is expanding dynamically
Wizz Air’s ambitious expansion plans include launching flights to India in the next year and a half, as well as breaking into the Pakistani market, Portfolio reported. With these steps,...
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Good wheat harvest this year
In its July forecast, the International Grains Council (IGC) predicts a global wheat crop of 801 million tonnes for the 2024-2025 financial year, up 1% vs. the previous season. This...
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Molson Coors to Bring Australian NA Cocktail Brand to U.S.
Molson Coors announced a strategic partnership with Naked Life, a non-alcoholic ready-to-drink (RTD) cocktail company in Australia, to bring its products to the U.S. market in 2025. With strong growth...
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Hungarian communication associations develop an AI code of standards
A new industry code of standards is being developed to ensure ethical and transparent regulation of the use of artificial intelligence (AI) by the Hungarian communications industry. The rapid development...
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Lidl Italia Expands in Sardinia with New Logistics Centre
Lidl Italia has opened its first logistics centre in Sardinia and its twelfth overall in Italy, investing €70 million in the project. The opening of the logistics centre, which is...
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Diageo sells Pampero Rum to Gruppo Montenegro
Italian spirits and food company Gruppo Montenegro has expanded its portfolio with the acquisition of Pampero rum from Diageo. Pampero is one of the leading Venezuelan rum brands with an...
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Change of CEO at the Béres Pharmaceutical Factory
In September, a new CEO arrived at the head of the family-owned pharmaceutical company: Balázs Major Ferenc Sipos, who is retiring, will replace the CEO of Béres Gyógyszergyár, the company...
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Pennsylvania legalises RTD sales at grocery stores
As of this week, sales of canned cocktails are now legal at grocery stores and gas stations in the US state of Pennsylvania. The bill was signed into law by...
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As of today, ALD Automotive | is also operating in Hungary under the name Ayvens LeasePlan, the largest domestic fleet manager
ALD Automotive | LeasePlan, the largest fleet management and mobility service provider in Hungary, will continue its activities under a new brand name. Ayvens is born from the acquisition of...
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New EU Regulation Targets Deforestation-Free Supply Chains
The European Union (EU) is set to implement a significant new regulation aimed at combating deforestation and forest degradation globally. The European Union Deforestation Regulation (EUDR), which will come into...
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Tech and track: the driving forces of FMCG dynamics
Several factors influence the Hungarian tracking market, such as technological development, for instance the spread of 4G and 5G, and the rise of Internet of Things (IoT) devices. This article...
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Quick-frozen, breaded, poultry products? VALDOR dispels misconceptions
According to a recent nationwide representative survey, the vast majority (82 percent) of the Hungarian adult population consumes quick-frozen, breaded poultry products with some frequency. The research also reveals that...
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Mars has achieved a record reduction in carbon dioxide emissions
Mars has released its Sustainability in a Generation 2023 report, which reveals that the company achieved a record 8% reduction in greenhouse gas emissions last year. With this, compared to...
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IKEA appoints two experienced executives to drive growth and enhance customer experience
From September 2024, Charlotte Miles and Elmer Chin Woei Njap will continue to strengthen the IKEA company and the creation of a positive customer experience as the managers of the...
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Lounge Group became the best event agency in Central Europe
The Lounge Group and the Visual Europe Group belonging to the company group achieved outstanding success this year at the Conventa Crossover Best Event Award in Ljubljana, the most prestigious...
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SPAR helps small farmers with AI-based app
SPAR Magyarország has further expanded its small producer partner programme: through the Regional Treasures initiative more than 600 new Hungarian products are now available in stores. This article is available...
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K&H and the University of Szeged enter into partnership
A research cooperation agreement signed in June between the University of Szeged and K&H Group seeks to better understand how natural human speech works. This article is available for reading...
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Two hundred billion forints are available for agricultural and food industry developments
From September 17, businesses can apply for two new calls for a total of HUF 200 billion: HUF 150 billion is available for supporting the complex development of processing plants,...
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Does returnable drink packaging strengthen the drive for sustainability?
Gradual climate change is causing social, cultural and economic changes in our daily lives that are constantly shaping our consumption. One of these new domestic regulations that consumers are already experiencing...
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Caution against fraudsters is not enough, more is needed
The appearance of artificial intelligence in the toolbox of financial fraudsters has led to the fact that laymen can no longer trust what they see or hear, because it may...
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Albertsons adds rapid home delivery and pick-up via Instacart
Albertsons Companies, Inc. is expanding its relationship with Instacart and introduces Instacart pick-up services and Albertsons Rapid convenience delivery nationwide. The new services will be available at Albertsons stores and...
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